AD Ports boosts global reach
The AD Ports Group concluded 2024 with significant growth, solidifying its position as a global trade and logistics leader. Key milestones include the inauguration of CMA Terminals Khalifa Port, boosting capacity by 23%, and the integration of Noatum’s assets, enhancing operational synergies. The group achieved record revenue of AED 12.7 billion (USD 3.5 billion) in 9M/2024 and expanded globally with strategic investments in Angola, Pakistan, and Georgia.
Sustainable initiatives included launching ‘Safeen Green’ and operating the world’s most powerful electric tugboat. Kezad’s developments bolstered economic zones, while Maqta Technologies advanced digitalisation efforts, including its first export of port digitalisation solutions.
These advances highlight the group’s commitment to innovation and its role in enhancing regional and global trade infrastructure. The group also secured financing agreements, ensuring robust growth and future expansion opportunities. (pb)